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Excellence Award instituted jointly by the General Council for Banks, Islamic Financial Institutions, Tatweej Academy and the Arab Organisation for Social Responsibility. The award was given to International Islamic in recognition if its pioneering
The Islamic Corporation for the Development of the Private Sector (ICD) announced the launch of its first project in Palestine, a specialized Ijara company, in partnership with the Palestine Investment Fund (PIF) and the Palestine Islamic Bank (PIB).
Qatar's central bank plans to issue 3 billion riyals or $824 million worth of local currency government bonds and 1 billion riyals of sukuk next week, it said on Thursday...Islamic bonds, the central bank said on its website www.qcb.gov.qa. Qatar,
Five years after Dubai mortgage provider Tamweel stopped lending amid the emirate's real estate crash, the company's Islamic bonds are beating peers as the property market rebounds...The benchmark gauge, which includes debt from the United Arab
Bahrain's Ibdar Bank hopes to leverage the combined expertise of its predecessor banks and a larger balance sheet to win business which its three legacy banks struggled to individually, its chief investment officer said in an interview. Ibdar was
The global demand for Islamic pension funds is currently between $160 billion and $190 billion, according to estimates by Ernst & Young's (E&Y) Global Islamic Banking Center. At present, most of these funds are parked under conventional sovereign
Takaful Oman, which is offering 40 million shares to investing public and institutions through an initial public offering, will close subscription on December 2, 2013. The offer price is 102 baisas per share, which include a nominal value of 100
Britain's mainstream banks may be reluctant to lend these days, but a Kuwait-backed Islamic bank is to become one of Britain's biggest residential landlords with a plan to build 6,600 rental homes and gain from the shortage in decent housing stock.
New Malaysian standards for sharia-compliant equities are expected to attract more Islamic investment funds from the Gulf, a senior official of the country's Securities Commission said. Association of Southeast Asian Nations), is expected to be
Headlines News New issuers and a larger number of investors are expected to flood the sukuk market in coming years, with Indonesia having the opportunity to boost the issuance of its sharia-compliant bonds to deepen its financial market, ratings